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Evergreen Agreement for Singapore

Evergreen Agreement Template for Singapore

An Evergreen Agreement under Singapore law is a continuous contract that automatically renews until terminated by either party. It establishes an ongoing relationship between parties, typically for recurring services or obligations. The agreement incorporates Singapore's legal framework, including the Civil Law Act and Electronic Transactions Act, and provides mechanisms for price adjustments, service modifications, and termination procedures. It's particularly suited for long-term business relationships where services are provided on a continuous basis.

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What is a Evergreen Agreement?

Evergreen Agreements are essential for businesses seeking to establish long-term, continuous contractual relationships under Singapore law. These agreements are particularly valuable when parties anticipate an ongoing need for services without a fixed end date. The document includes comprehensive provisions for automatic renewal, price adjustments, service modifications, and termination procedures. It incorporates key Singapore legal requirements while providing flexibility for evolving business needs. This type of agreement is commonly used in subscription services, maintenance contracts, and ongoing professional service arrangements.

What sections should be included in a Evergreen Agreement?

1. Parties: Identification and details of contracting parties

2. Background: Context and purpose of the agreement

3. Definitions: Key terms used throughout the agreement

4. Services/Scope: Description of services or obligations

5. Term and Renewal: Duration and automatic renewal provisions

6. Payment Terms: Pricing, payment schedule, and adjustment mechanisms

7. Termination Rights: Conditions and process for agreement termination

What sections are optional to include in a Evergreen Agreement?

1. Force Majeure: Provisions for unforeseen circumstances preventing performance of obligations

2. Data Protection: PDPA compliance provisions for handling personal data

3. Intellectual Property: IP ownership, usage rights, and protection provisions

4. Change Control: Process for making changes to services/scope during the agreement term

What schedules should be included in a Evergreen Agreement?

1. Service Level Agreement: Detailed service specifications and performance metrics

2. Pricing Schedule: Detailed pricing structure and adjustment mechanisms

3. Data Processing Agreement: Detailed data handling procedures and compliance requirements

4. Contact Details: Key personnel and notification details for both parties

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Singapore

Publisher

Ƶ

Document Type

Agreement Contract

Cost

Free to use
Relevant legal definitions






























Clauses






























Industries

Civil Law Act (Cap. 43): Primary legislation governing contract formation, validity, and enforcement in Singapore. Provides the fundamental framework for contractual relationships.

Electronic Transactions Act (Cap. 88): Governs electronic transactions and digital signatures, essential for modern contract formation and execution.

Competition Act (Cap. 50B): Ensures the agreement doesn't contain anti-competitive provisions or practices that could restrict market competition.

Consumer Protection (Fair Trading) Act: Protects consumer interests in contractual relationships, ensuring fair trading practices and consumer rights.

Unfair Contract Terms Act (Cap. 396): Regulates unfair terms in contracts, particularly in standard form contracts and consumer agreements.

Personal Data Protection Act 2012 (PDPA): Governs the collection, use, and disclosure of personal data. Critical if the agreement involves handling personal information.

Employment Act (Cap. 91): Provides the main framework for employment relations if the evergreen agreement relates to employment matters.

Common Law Principles: Singapore contract law is largely based on common law principles, which provide important precedents and interpretations.

Termination Provisions: Specific legal requirements for including clear termination clauses, notice periods, and conditions for contract modifications in evergreen agreements.

Industry-Specific Regulations: Additional regulatory requirements specific to the industry sector where the agreement will be implemented.

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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